Video & Transcript Research : 'Texas Economic Development Bank'
Page 10 of 500
TX
Transcript Highlights:
- Members, this resolution seeks to reaffirm Poteet, Texas, as the official strawberry capital of Texas
- Gun safety is crucial in the state of Texas.
- Carthage, Texas, is home to the Texas Country Music Hall of Fame and the Tex Ritter Museum.
- HCR 107 designates the Texas Almanac, which is published by the Texas State Historical Association, as
- the official State Book of Texas.
Bills:
SB2959, HB3096, HCR29, HCR56, HCR12, HCR55, HCR74, HCR78, HCR116, HCR117, HCR6, HCR50, HCR107, HCR80, HCR58, HCR70, HCR71, HCR72, HCR75, HCR93
Keywords:
firearm safety, awareness month, public safety, responsible ownership, storage, recreational use, profound autism, awareness day, caregiver, disabilities, support, counseling, mental health, awareness, support services, community health, necrotizing enterocolitis, premature infants, breastfeeding, health awareness
Summary:
The Senate Committee on Administration met with a quorum and took up a series of pending resolutions, bills, and the local uncontested calendar. The committee first reported HCR 80 favorably and placed it on the May 9, 2025 local and uncontested calendar. It then heard and approved several commemorative resolutions, including HCR 12 designating September as Deaf Awareness Month for 10 years, HCR 55 reaffirming Poteet as the Strawberry Capital of Texas, HCR 56 designating May as NEC and Breastfeeding Awareness Month, and HB 3096 creating Profound Autism Awareness Day on March 17. Each of these measures was reported favorably to the full Senate, with no opposition in testimony except HB 3096, which included supportive testimony from Tara Duval describing the needs of individuals with profound autism and their families.
The committee also approved HCR 58 redesignating Dripping Springs as the Wedding Capital of Texas, SB 2959 designating August as Firearm Safety Month, HCR 74 naming Carthage the Country Music Capital of Texas, HCR 78 establishing Lone Star Santa’s Charities Day, HCR 116 redesignating Brownsville as the Bicycling Capital of the Rio Grande Valley, and HCR 117 designating Port Aransas as the Fishing Capital of Texas. SB 2959 drew supportive testimony from Stephen Price, who emphasized gun safety, suicide prevention, and public awareness, while other measures received no public testimony. All were reported favorably and recommended for the May 9 local and uncontested calendar.
Later, the committee approved HCR 6 naming Galveston the Juneteenth Capital of Texas, HCR 50 naming Galveston the Mardi Gras Capital of Texas, HCR 107 making the Texas Almanac the official State Book of Texas, HCR 70 designating Jim Hogg County as the Vaquero Capital of Texas, HCR 71 recognizing LaSalle County for wild hog hunting and related traditions, and HCR 29 designating April as Counseling Awareness Month. HCR 6 received testimony from a Galveston city representative in support of the Juneteenth designation, and HCR 29 received testimony from the Texas Counseling Association supporting recognition of counselors. Finally, the committee certified the May 9, 2025 local and uncontested calendar after removing 32 bills for reasons including penalties, fiscal notes, or opposition, specifically noting SB 317 was removed due to criminal and civil penalties, and then recessed.
TX
Transcript Highlights:
- Matt Nelson, on behalf of the Texas Water Development Board, testifying on the bill, and Brian McMath
- , representing the Texas Water Development Board, testifying on the bill.
- advantage over Texas.
- over the Water Development Board's use of dedicated revenues to the Texas Water Fund.
- Water Development Authority.
Bills:
SB7
TX
Texas 89th Regular
Senate Committee on Water, Agriculture, and Rural Affairs Mar 24th, 2025
Water, Agriculture and Rural Affairs
Transcript Highlights:
- The continued population and economic growth of Texas are at risk if we do not address this as soon as
- Water Development Board - Bryant McMath with the Texas Water Development Board - Jerry with Texas 2036
- Stepney, Chairwoman for the Texas Water Development Board.
- Good morning, Matt Nelson with the Texas Water Development Board.
- Correct, for the record, Brian McMath, Executive Administrator, Texas Water Development Board.
Bills:
SB7
MN
Minnesota 2025 1st Special Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 3/27/25
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- Good morning, everybody, and welcome to the House Workforce, Labor, and Economic Development Finance
- <00:03:11.799>
Development nonprofit Economic Development nonprofit Economic Development organization - <00:05:00.440>
development <00:05:00.919>or Employment an economic development or Employment - manager for Kandiyohi County Economic Development.
- <00:15:36.040>
Development inventory of Economic Development inventory of Economic Development
Keywords:
teacher apprenticeship, registered apprenticeship, teacher licensure, teacher shortage, workforce development, education finance, K-12 education, higher education, Professional Educator Licensing and Standards Board, PELSB, Tier 3 license, teacher preparation, mentor teacher, school district, cooperative unit, teacher pipeline, alternative licensure, apprenticeship program, labor and industry, union representation
AL
Transcript Highlights:
- This bill creates the Alabama Development Fund.
- The Alabama Development Fund will focus on developing very creative and out-of-the-box funding mechanisms
- These proceeds in this fund will be utilized for future developments.
- It's a great tool for economic development across the state as we see industry coming in.
- was how much was in that bank account.
Bills:
SJR 18, SCR 5, SCR 13, SCR 25, SB 3, SB 6, SB 10, SB 11, SB 12, SB 13, SB 15, SB 17, SB 18, SB 35, SB 388, SB 412, SB 441, SB 495, SB 666, SB 687, SB 706, SB 740, SB 815, SB 842, SB 917, SB 925, SB 995, SB 1006, SB 1281, SB 1300, SB 1379, SB 1451, SB 1902, SJR 36, SJR 18, SJR 12, SCR 13, SCR 25, SCR 5, SCR 22, SB 565, SB 372, SB 495, SB 842, SB 765, SB 62, SB 19, SB 18, SB 666, SB 707, SB 888, SB 687, SB 706, SB 847, SB 290, SB 11, SB 10, SB 13, SB 412, SB 441, SB 1248, SB 740, SB 14, SB 1006, SB 504, SB 917, SB 925, SB 388, SB 1902, SB 1121, SB 995, SB 857, SB 305, SB 296, SB 284, SB 35, SB 6, SB 815, SB 3, SB 1281, SB 1379, SB 1300, SB 1497, SB 1499, SB 1498, SB 1451, SB 1061, SB 15, SB 65, SB 241, SB 304, SB 402, SB 499, SB 621, SB 974, SB 1023, SB 1024, SB 1025, SB 1106, SB 686, SB 112, SB 371, SB 204, SB 400, SB 609, SB 1447, SB 670, SB 502, SB 427, SB 850, SB 854, SB 413, SB 1555, SB 1362, SB 1346, SB 1033, SB 1220, SB 1073, SB 810, SB 987, SB 1539, SB 893, SB 447, SB 875, SB 406, SB 509, SB 985, SB 965, SB 17, SB 1119, SB 1505, SB 12, SB 24, SB 57, SB 1194, SB 1253, SB 1215, SB 1532, SB 1268, SCR 12, SCR 24, SB 1302, SB 856, SB 650, SB 583, SB 673, SB 840, SJR 18, SB 11, SB 441, SB 10, SB 18, SB 412, SB 495, SR 238, SR 264, SR 266, SR 267, SR 268, SR 270, SR 271, SR 272, SR 278, SB 1169, SB 1169
Keywords:
capital gains, taxation, constitutional amendment, state revenue, individual investment, SCR 5, Senate Concurrent Resolution 5, Texas School for the Deaf, TSD, Robert Rives, gymnasium naming, building naming, honorary resolution, commemorative resolution, deaf education, hard of hearing, Gallaudet University, alumni hall of fame, football coach, school facility naming
TX
Transcript Highlights:
- The Texas Legislature established Lubbock-Reese Development Authority, Reese, to receive property of
- And we develop a microgrid, and that work was actually a funded by the state of Texas, the ETS program
- kind of work. that we want to do in West Texas and that skiff that we want to develop that's one on
- across West Texas.
- development.
Bills:
HB 1105, HB1527, HB1787, HB1972, HB2081, HB3296, HB3976, HB4071, HB4234, HB4438, HB4701, HB5092, HB5150, HB5180, HB5265, HB5333, HJR203
Keywords:
tuition exemption, paramedics, higher education, laboratory fees, emergency medical services, peace officers, criminal justice, law enforcement, degree programs, public institutions, HB 1787, HPV, human papillomavirus, college health, university health, student health, public health education, prevention program, screening, early detection
TX
Transcript Highlights:
- your domicile in Texas.
- Texas is the economic engine that sustains the United States.
- Much of the economic power Texas has comes from farming and ranching.
- First, I believe this bill would negatively impact Texas economic development.
- And moreover, this bill would weaken Texas economic and discourage much needed foreign investment.
Bills:
HB 256, HB 1308, HB 1554, HB 1743, HB 2308, HB 2351, HB 2858, HB 3676, HB 3784, HB 4312, HB 4552, HB 4823, HB 4852, HB 5007, HB 5010, HB 5520, HB 5524, HCR 19
Keywords:
E-verify, employment verification, illegal employment, state contracts, government entities, license suspension, immigration compliance, state grant funding, E-Verify, compliance, penalties, immigration, government contracts, employee status, state contractors, E-verify program, legally present, employment practices, legal services, public money
AL
Alabama 2025 Regular Session
Alabama House Ways and Means Education Committee Apr 30th, 2025
Ways and Means Education
Transcript Highlights:
- What's difficult to find is someone who's well-versed in that with also an economic development background
- Their economic development authority just put money into it.
- development programs and the ones that have staying power are the grassroots economic development initiatives
- I think you mentioned it was the economic developer. ...mentioned it was the economic developer or the
- So the economic developers association of Alabama may be also a fourth entity to work with as well in
Keywords:
entertainment, film, music, production incentives, Alabama Film Office, tax rebates, media industry, economic development, Baptist convention, tax exemption, sales and use tax, Alabama, nonprofit, HB203, High Socks for Hope, nonprofit tax exemption, sales tax, use tax, state tax exemption, local option tax exemption
US
US Federal 2025-2026 Regular Session
An oversight hearing to examine Native communities' priorities for the 119th Congress. Feb 12th, 2025 at 01:30 pm
Indian Affairs Committee
Transcript Highlights:
- development.
- development, but these efforts must be developed in close consultation at all levels of government with
- By modernizing the tax code's treatment of tribal governments and providing targeted economic development
- development and financial sovereignty.
- A lot of good discussion here about everything from from housing to how we can move out on economic development
Keywords:
tribal sovereignty, healthcare, education, public safety, Economic Development, Tax Parity Act, PROTECT Act, trust obligations, bipartisan support, Indian Health Services
Summary:
The committee meeting focused on crucial issues facing tribal nations, particularly emphasizing the federal government's trust and treaty obligations. The discussions highlighted ongoing challenges such as disparities in healthcare, education, and public safety within Native communities. Chair Murkowski underscored the importance of listening to Native leaders and aligning congressional efforts with community needs, advocating for legislative actions that support tribal sovereignty and economic development. Various initiatives, including the Tax Parity Act and the PROTECT Act, aimed at addressing jurisdictional and financial disparities, were discussed in detail. A call for bipartisan support to alleviate the funding shortages affecting Indian Health Services was made several times during the meeting. Testimonies from tribal leaders and representatives emphasized the dire need for legislative support to enhance infrastructure, healthcare access, and public safety initiatives in tribal communities.
TX
Transcript Highlights:
- Uh, chair calls Doctor Laura Presley with True Texas Elections.
- It has already processed over 6 million registrations in Texas, online registering in Texas, 6 million
- This bill is a Texas solution to a Texas problem.
- I am from the Rio Grande Valley, Texas.
- HB 311 would move Texas forward and save local governments money as well.
Bills:
HB311
TX
Transcript Highlights:
- with their jobs and And the economic dynamism that we can have in Texas can be even greater than we
- Texas Water Development Board.
- She was appointed to the Texas Water Development Board. in September of last year.
- As for the record, I am Tanya Miller, Director with the Texas Water Development Board.
- It's what leads us into prosperity for our economic. our economic prosperity in Texas.
Keywords:
Texas Water Fund, water management, infrastructure funding, local governments, workforce development, community colleges, educational programs, sustainability
Summary:
The meeting focused on several crucial issues, including the Texas Water Fund and its implications for development in the state. Various members highlighted the critical need for effective management of water resources, discussing the role of the Water Development Board and their strategies for outreach to local governments. The committee engaged in a thorough examination of funding projects and the sustainable financing necessary for communities facing challenges in meeting their infrastructure needs. Additionally, there was notable discussion regarding promoting workforce development and the alignment of educational programs with the demands of the job market as indicated by recent trends in community colleges.
TX
Transcript Highlights:
- in economic activity within Texas and the loss of over 32,000 jobs.
- Its potential termination poses significant risks. ...threatens not only the economic well-being of Texas
- The agreement is also an economic engine for the state of Texas, creating tens of thousands of jobs and
- At our bridge, we recently worked with the Roma Economic Development Corporation to purchase and develop
- We're working with several developers from Mexico and Texas.
TX
Transcript Highlights:
- The channel itself supports nearly 1.5 million jobs in Texas. ...3 million jobs nationwide, and the economic
- The Market Development Plan provided an analysis of recycling in Texas based on 2019.
- program and to award grants or loans to encourage economic development. development linked to recycling
- Here in Texas, yet we don't have an announced project here in Texas.
- I think people in Texas generally do want a cleaner environment and they do want to have an economic
Keywords:
Gulf Coast Protection District, navigation safety, special districts, state governance, Texas legislation, Gulf Coast, flood protection, storm risk management, coastal restoration, natural resources, prescribed burns, self-insurance, fire management, liability protection, rural land management, beverage container recycling, deposit return system, container deposit, bottle bill, recycling refund
AZ
Transcript Highlights:
- So quite a bit of bandwidth to produce lots of research and economic development.
- We work in five areas: economic development, market intelligence, capacity building, advocacy, and education
- We know that Latinos are about 20% of the country's population and 28.3% of the economic growth between
- So things like food banks is one of the big things that we're seeing a lot of collaboration in across
- While we may not be in an economic development role, we are the community experts.
Bills:
HB2754
AL
Transcript Highlights:
- Uh yesterday we Uh yesterday we um we met in insurance and banking um we met in insurance and banking
- to pay to buy enough money in the bank to pay to buy enough money in the bank to pay to buy the the
- So, they're part of of economic So, they're part of of economic So, they're part of of economic development
- in in in my little town. development in in in my little town. development in in in my little town.
- billions of dollars in their bank billions of dollars in their bank accounts while these small pharmacies
Bills:
SCR 13, SCR 24, SB 1, SB 12, SB 15, SB 17, SB 24, SB 57, SB 65, SB 213, SB 371, SB 372, SB 378, SB 379, SB 388, SB 400, SB 402, SB 427, SB 495, SB 499, SB 502, SB 509, SB 535, SB 583, SB 610, SB 621, SB 650, SB 706, SB 740, SB 840, SB 854, SB 856, SB 875, SB 893, SB 918, SB 925, SB 974, SB 995, SB 1006, SB 1018, SB 1025, SB 1061, SB 1073, SB 1106, SB 1121, SB 1194, SB 1252, SB 1253, SB 1268, SB 1300, SB 1343, SB 1362, SB 1447, SJR 36, SJR 12, SJR 57, SCR 25, SCR 22, SCR 12, SCR 24, SCR 8, SB 565, SB 372, SB 765, SB 62, SB 666, SB 707, SB 888, SB 687, SB 847, SB 1248, SB 740, SB 14, SB 1006, SB 504, SB 925, SB 1121, SB 995, SB 857, SB 305, SB 296, SB 284, SB 815, SB 1379, SB 1300, SB 1497, SB 1499, SB 1498, SB 1061, SB 65, SB 241, SB 304, SB 402, SB 499, SB 621, SB 974, SB 1023, SB 1024, SB 1025, SB 1106, SB 686, SB 112, SB 371, SB 204, SB 400, SB 609, SB 1447, SB 670, SB 502, SB 427, SB 850, SB 854, SB 413, SB 1555, SB 1362, SB 1346, SB 1033, SB 1220, SB 1073, SB 810, SB 987, SB 1539, SB 893, SB 447, SB 875, SB 406, SB 509, SB 985, SB 965, SB 1119, SB 1505, SB 24, SB 57, SB 1194, SB 1253, SB 1215, SB 1532, SB 1268, SB 1302, SB 856, SB 650, SB 583, SB 673, SB 840, SB 213, SB 681, SB 1172, SB 1252, SB 378, SB 610, SB 918, SB 1343, SB 608, SB 487, SB 955, SB 957, SB 988, SB 990, SB 1019, SB 1021, SB 1120, SB 251, SB 958, SB 535, SB 761, SB 1, SB 541, SB 315, SB 379, SB 1018, SB 1737, SB 266, SB 1415, SB 57, SB 499, SB 974, SB 1025, SB 1061, SB 1268, SR 302, SR 303, SR 304, SR 305, SB 30, SB 1333, SB 1666, SB 30, SB 1333, SB 1666
TX
Texas 89th 1st C.S.
Joint Hearing: Senate and House Select Committees on Disaster Preparedness and Flooding Jul 23rd, 2025
Texas Senate Floor Meeting
Transcript Highlights:
- In fact, we had a Texas Ranger involved in developing those policies.
- It directed the legislature in Senate Bill 7. directed the Texas Water Development Board to develop a
- Since 2015, the Texas Water Development Board has invested over $10 million to develop a flood gauge
- My name is Reem June, and I am with the Texas Water Development Board.
- During that time, the first Texas regional flood plans were being developed by the Texas...
Keywords:
flooding, emergency response, communication systems, first responders, disaster management, Texas Water Development Board, regional planning, public safety
Summary:
The meeting primarily focused on discussions around the recent floods in Texas, specifically addressing emergency preparedness, response coordination, and recovery efforts. Officials from various agencies provided testimonies on the challenges faced during the emergency, including issues with communication systems among first responders. Notably, the need for improved inter-agency communication and technology integration was emphasized, with recommendations for establishing regional communications units for better coordination during disasters. The audience included local government representatives and emergency management partners, who shared insights and experiences from the recent flooding events.
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 3/3/26
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- House Workforce, Labor, and Economic Development Committee.
- nonprofit engaged in economic nonprofit engaged in economic development<00:03:44.720>
finance - And so I'm looking economic development.
- economic development and environmental economic development and environmental policy<00:31:44.399
- c> 116J<00:32:02.640>
872 Economic Development Project uh 116J 872 Economic Development Project
Keywords:
unemployment insurance, judicial officials, paid leave, economic development, worker protections, workforce development, unemployment benefits, youth training, grants, job creation, grant funding, revolving loan, underserved communities, disadvantaged groups, electrical licensing, installation, Class A installer, regulations, labor and industry, 1183
Summary:
The committee first adopted the minutes from February 26 and then heard House File 2581, authored by Representative Frazier, which sought $1 million for Fortis Capital, a nonprofit economic development lender. Frazier and Fortis CEO Brian Smith described Fortis as a gap-financing lender that helps underserved entrepreneurs who cannot meet traditional bank underwriting standards. They said the organization has made 37 loans totaling more than $4 million since 2021, leveraged another $29.5 million, and created 314 jobs. Smith said Fortis typically charges around 6.5% interest, has had two defaults, and uses a revolving loan fund model that recycles repayments; members discussed how the proposal fits with other state economic development programs and whether Fortis should instead be part of a competitive grant process. The chair laid HF 2581 over for possible inclusion in a budget bill.
The committee then heard House File 3707, brought by Representative Berg, which would extend confidentiality protections to unemployment insurance and paid leave judges and related staff by adding them to the definition of judges for purposes of protecting personal information. Berg and testifiers from the Department of Economic Development and MAPE said the bill responds to harassment and safety concerns, including threats, doxxing, and an attack near an office, and is intended to protect people making sensitive determinations. MAPE supported the bill as an update to existing protections for similar workers.
Members raised concerns that the bill’s language was too broad, especially the reference to the paid leave division, and questioned whether it should cover only judges or also call-center and other staff. Department and committee members agreed the language likely needed narrowing and discussed possible amendments and whether to move the bill to Judiciary and then revisit it. No final vote was taken on HF 3707 during the discussion, and the bill remained under consideration for further language work.
HI
Transcript Highlights:
- I think that's so we should development.
- Development. Development.
- <00:30:08.640>
food <00:30:08.880>security the A development and food security the A development - Department of Research and Development Department of Research and Development in<00:31:22.799>
you're establishing the A development you're establishing the A development and<01:11:03.760>
Keywords:
agricultural loans, financial support, Hawaii agriculture, food security, revolving fund, agriculture, insurance, small producers, state support, biosecurity, farm coverage, public-private partnerships, agricultural policy, agricultural statistics, data collection, Department of Agriculture and Biosecurity, economic analysis, market development, grant funding, climate resiliency
Summary:
The committee heard testimony on several agriculture-related measures, beginning with SB 2309, which would require the agricultural loan division to sell portions of its loan portfolio and use the proceeds to expand the agriculture loan revolving fund. The Department of Agriculture and Biosecurity and the Hawaii Farm Bureau supported the bill, along with several other organizations and individuals. A committee question focused on the risk of not finding a qualified buyer for the loan portfolio; DAB said a mandatory sale of the full amount could force a less favorable rate, while flexibility to sell different amounts could produce a more equitable return. The measure drew eight supporters and no opposition.
The committee then took up SB 2317, which directs DAB to study insurance coverage for small producers and report back to the Legislature. DAB and multiple farm groups supported the bill. In response to a question about cost, DAB estimated about $250,000 would be needed, with the study likely covering crop, health, and liability insurance. The next measure, SB 2318, would establish an agriculture statistics program in statute. DAB said it strongly supported the bill and could ramp up quickly if positions were provided; the committee discussed whether a first report could be completed by year’s end if the bill became law midyear, and DAB said yes. SB 2319, which would fund and make permanent a full-time grant writer position at DAB, also drew strong support from DAB, the Hawaii Farm Bureau, Ulupono Initiative, the Hawaii Cattlemen’s Council, the local food coalition, and others, with testifiers emphasizing the position’s return on investment and success in bringing in federal funds.
The committee also heard SB 2321, establishing a two-year pilot program to respond to the twoline spittlebug. DAB, ranching groups, and many others supported the bill, citing the pest’s spread and the need to act before it becomes unmanageable. A DAB pest control manager said he would need to research past response details and provide them later. Members emphasized the importance of early intervention. For SB 2323, which creates a farmland transition commission to study barriers to farmland access and recommend solutions, DAB offered comments and support for the intent, while farm groups generally supported the concept but raised concerns about the proposed age range and whether a separate commission was necessary. DAB said the Board of Agriculture likely would not have the capacity to perform the commission’s duties and estimated there would be costs to establish it, though no figure was available at the hearing.
Finally, the committee heard SB 2332, which reestablishes the agriculture and food security special fund, creates a carbon emissions tax and dividend fund, gradually raises carbon-related tax rates, and provides a refundable carbon cashback credit. DAB supported the measure and deferred to Taxation on details; the Department of Taxation said it would stand on its comments, and the Attorney General’s office offered comments and recommendations. Carbon Cashback Hawaii and the County of Hawaii Department of Research and Development supported the bill, arguing it would reduce emissions, protect lower-income households, and be relatively simple to administer.
WY
Wyoming 2026 Regular Session
House Travel, Recreation, Wildlife & Cultural Resources Committee, February 24, 2026
Travel, Recreation, Wildlife & Cultural Resources
KY
Kentucky 2025 Regular Session
Interim Joint Committee on State Government (9-23-25)
Transcript Highlights:
- Development Cabinet for Economic Development Cabinet for Economic Development going<00:02:38.560
- with the Kentucky Cabinet for Economic with the Kentucky Cabinet for Economic Development.<00:02
- <00:03:42.319>
development the funds at the economic development the funds at the economic - <00:04:05.840>
So, Cabinet for Economic Development. - So, Cabinet for Economic Development.
Keywords:
Cabinet for Economic Development – Bluegrass State Skills Corporation Overview 02:35
----Discussion of BR 868, 2026 Regular Session 24:08, 958, all
Summary:
The meeting began with a quorum call and approval of the August 21 minutes. The main presentation was from the Kentucky Cabinet for Economic Development on the Bluegrass State Skills Corporation (BSSC), which was created in 1984 and is administratively tied to the cabinet. Staff explained that BSSC supports workforce training for companies in Kentucky through two main programs: the grant-in-aid reimbursement program and the skills training investment tax credit. They also described the board’s structure, quarterly meetings, annual audit, and the metropolitan tax credit tied to UPS in Louisville, along with public-private training consortia supported by the program.
The cabinet outlined eligibility and funding rules: applicants must be qualified companies, trainees must be full-time Kentucky residents meeting wage requirements, and eligible training includes in-house company-specific training, train-the-trainer efforts, safety/OSHA training, and outside training through KCTCS or other providers. Grant-in-aid is a 50% reimbursement program capped at $75,000 per company per fiscal year and $2,000 per trainee, while the tax credit is capped annually and is awarded on a first-come, first-served basis. Applications are scored based on county tier, wages, workforce development activity, veteran hiring, participation in consortia, and job growth. Members asked for data on trainees and industries served, and staff said they could provide it. They also discussed coordination with other workforce programs, especially KCTCS and the state’s TRAIN program, to avoid overlap and double dipping.
Several members asked about program usage and differences between fiscal years. Staff said the tax credit is less popular because it is not refundable and requires tax liability, while grant-in-aid is more attractive because it is cash reimbursement. They said lower or delayed spending in some years can reflect one-year training windows, reimbursement lag, new facilities ramping up, consortia activity, and special allocations such as those tied to Ford facilities. Questions also covered support for new businesses, which staff said can receive favorable scoring for new jobs and may have funds set aside for new location projects. On veterans, staff said they connect companies to Kentucky Valor and other resources, but the program does not track veteran retention outcomes.
The final discussion was on a draft bill related to the Kentucky Horse Park and the U.S. Center for SafeSport. Representative Vanessa Gracel and Kentucky Horse Park President Lee Carter explained that the proposal is intended to help the park maintain integrity and protect athletes, volunteers, coaches, trainers, and guests from abuse and misconduct. They described SafeSport’s federal role in Olympic and Paralympic sports and said they hope to move the draft forward as legislation in 2026. No votes were taken on the BSSC presentation or the horse park discussion.